Profitable Franchise Specializing in Watch & Jewelry Repair

Martin County, FL

Seller Financing Available
Profitable Franchise Specializing in Watch & Jewelry Repair

Asking Price:$500,000

Cash Flow:$177,871

Gross Revenue:$618,517

EBITDA:N/A

FF&E:$35,000

Inventory:$80,000

Lease Rate/Sq. Ft.:N/A

Established:1992

Profitable Franchise Specializing in Watch & Jewelry Repair

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Business Description

Profitable Franchise Specializing in Watch & Jewelry repair

Reason for Sale: Focusing on other owned businesses- Profitable Franchise Specializing in Watch, Jewelry & Smartphone Repair. Established since 1992 in Martin county's only shopping mall. Seller is currently absentee and has experienced employees & management in place. The franchisor has been established since 1987 and there are over 150+ franchisees in 26 states. Owner benefit for a working owner $175k+. Perfect books & records. Business should qualify for Bank financing & VISA applicants. This is a recession-resistant, year-round, service business that won’t be made obsolete by the Internet, unlike other brick-and-mortar retailers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
4 FT / 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
$250K Down/ $250K for 60 mos. @ 6%.
Support & Training:
Will train for 4 weeks @ no cost.
Reason for Selling:
Absentee Owner-Focusing on Oil lube business.
Franchise:
This business is an established franchise

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Russell Cohen

Business Listed By:
Russell Cohen

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.


Sponsoring Broker:
Murphy Business

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